Day: June 28, 2022
93 articlesFema / RBI

Fema / RBI
Banking Regulations Act, 1949 – 6 Things to know
Income Tax

Income Tax
Amount paid in excess of tangible asset value is goodwill which is eligible for depreciation
Excise Duty

Excise Duty
Excise duty not payable on TCS collected from buyer of scrap
Custom Duty

Custom Duty
Butadiene is nothing but olefin & classifiable under CTH 390290000
Excise Duty

Excise Duty
No Recovery from sanctioned refund when Assessee already paid pre-deposit of 7.5% or 10%
Income Tax

Income Tax
In case of parallel proceedings IBC, 2016 overrides Income-tax Act, 1961
Income Tax

Income Tax
Credit for taxes paid cannot be denied for mere non-filing of Form No. 67
Custom Duty

Custom Duty
Penalty not leviable in absence of deliberate misdeclaration
Income Tax

Income Tax
Expense on Let out Property not allowable as Business Expense if income offered under House Property
Income Tax

Income Tax
Properties purchased by individual in their name & from individual source of income cannot be treated as HUF property
SEBI

SEBI
Adjustment in derivative contracts for dividend announcements
Income Tax

Income Tax
Section 80A(5) not apply if return of income is not filed
Corporate Law

Corporate Law
15 companies selected under 2nd Round of PLI Scheme for White Goods
Income Tax

Income Tax
